Luxury Apartments for Rent in 60516
13 rentals
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- PET FRIENDLY$1,812 - $2,326/mo1-2 Beds1-2 BathsBristol Club Apartments | 5700 Walnut Ave #2-834-2C,
Downers Grove, IL 60516 - $1,370 - $2,250/moStudio-3 Beds1-2 BathsCourts of the Falling Waters | 7337 Northgate Way #4354966,
Downers Grove, IL 60516 - $1,358 - $1,917/mo1-2 Beds1-2 BathsPrentiss Creek at Downers Grove Apartments | 2110 Prentiss Dr #T201,
Downers Grove, IL 60516 Save Search in 60516
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Apartments For Rent Near 60516
We found 30 more apartments matching your filters just outside 60516
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- Total price$4,270 - $5,144/mo2-3 Beds2 BathsBurlington Station | 5100 Forest Ave #109,
Downers Grove, IL 60515 - Total price$2,372 - $3,970/moStudio-2 Beds1-2 BathsDash Downers Grove | 926 Maple Ave #604,
Downers Grove, IL 60515 - $1,834 - $3,396/moStudio-3 Beds1-2 BathsThe Retreat at Seven Bridges | 6690 Double Eagle Dr #5101,
Woodridge, IL 60517
Average Rent Trends in 60516
Rent in 60516 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,775 |
| Jul 2025 | $2,500 |
| Aug 2025 | $2,000 |
| Sep 2025 | $2,200 |
| Oct 2025 | $2,000 |
| Nov 2025 | $2,000 |
| Dec 2025 | $2,600 |
| Jan 2026 | $2,150 |
| Feb 2026 | $2,700 |
| Mar 2026 | $2,200 |
| Apr 2026 | $2,100 |
| May 2026 | $1,950 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,441 | $1,903 | $3,000 | $3,500 | $2,024 |
| Townhomes | — | $2,500 | $3,000 | — | $2,483 |
| Apartments and Condos | — | $1,900 | — | $2,890 | $1,900 |
| Houses | — | — | $3,200 | $3,500 | $3,500 |
Frequently Asked Questions about Rentals in 60516
- What is the average rent of an apartment in 60516?The average rent of an apartment in 60516 is $1,890 per month. This is about 2% lower than the national average.
- What is the average rent of a house in 60516?The average rent of a house in 60516 is $3,500 per month. This is about 81% higher than the national average.
- What is the average rent of a townhome in 60516?The average rent of a townhome in 60516 is $2,483 per month. This is about 29% higher than the national average.
- When is the average rent cheapest in 60516?In the last year, the average rent in 60516 was lowest in Aug 2025 when it was $2,000 per month.
- When is the average rent most expensive in 60516?In the last year, the average rent in 60516 was highest in Apr 2025 when it was $2,990 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 60516?The average rent of a 1 bedroom apartment in 60516 is $1,441 per month. That is about $71 more than the cost of a studio apartment.
- How many available rental listings are in 60516?There are 12 available rental listings in 60516.
- What are some cities near 60516?Some nearby cities include: Downers Grove, Darien, Woodridge, Westmont, Willowbrook, Clarendon Hills. These cities may have more rental options to explore.